unit-1 PLANNING AND CO-ORDINATION Planning: Nature and principles of planning‚ Steps in planning‚ types of planning‚ Levels of planning – The Planning Process-MBO. Decision making-role-significance – decision making process-decision tree analysis. Co-ordination-principles. --------------------------------------------------------------------------------------------------------------------- INTRODUCTION: Planning in organizations and public policy is both the organizational process of creating
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Enterprise resource planning Enterprise Resource Planning systems (ERP’s) integrate (or attempt to integrate) all data and processes of an organization into a unified system. A typical ERP system will use multiple components of computer software and hardware to achieve the integration. A key ingredient of most ERP systems is the use of a unified database to store data for the various system modules. The term ERP originally implied systems designed to plan the use of enterprise-wide resources
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As part of the management team at PPQ Parts‚ I have been charged with selecting the best software packages for several of the firm ’s needs. These needs include materials requirement planning (MRP)‚ capacity requirement planning (CRP)‚ and enterprise resource planning (ERP). Before we can choose among the various software programs‚ we need to first identify the needs as listed above. We can begin with MRP. This is basically a planning system for production that is used for planning new projects
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1. How does Quickfix’s average compound growth rate in sales compare with its earnings growth rate over the past five years? Quickfix’s sales have increased by an average compound rate of 14% per year over the past five years. In comparison‚ its net income has declined from over $16‚600 in 2000‚ to a loss of $102 in 2004. 2. Which statements should Juan refer to and which should he construct so as to develop a fair assessment of the firm’s financial condition? Explain why? Juan should refer
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NORTH COUNTRY AUTO‚ Inc. Case Background Each of the departments of North Country Auto‚ Inc. namely‚ the new cars sales and used cars sales‚ service‚ parts‚ body shop and oil change “operated as part of one business” before George Liddy bought into the dealership. The Department Managers were paid salaries and a year-end bonus. However‚ feeling that this system would not motivate employees‚ he devised a system wherein he could track effectively the departmental performance. For this‚ he developed
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anyone would say that the ABC Auto Parts and Auto Zone Co. didn’t entered into a proper written agreement and neither of them signed any legal contract. So‚ it’s a clear indication that there no legal contract signed by both parties. Furthermore‚ a presentation by ABC of its good at Auto Zone premises and Auto Zone places an order verbally‚ it doesn’t create a valid contract when the contract amount is more than $500. So‚ if ABC brings a lawsuit against the Auto Zone than Auto Zone as a buyer in their
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Case 1: Malincho (Word limit: 1000 words‚ A4‚ 12-times new roman‚ 1.5 line spacing) Q1. What is the Case all about? Q2. Please describe Mr. Kalin Pentchev’s personality Q3. Is It a good opportunity for Kalin’s business? Q4. Where did Kalin find the capital? Equity or Debt? Q5. How well is Malincho doing 18 months after it opened its doors ? Q6. Would you loan money or invest in Malincho? Q7. What are your suggestions to Kalin? Malincho’s case is about a recently former Bulgarian entrepreneur
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ENTERPRISE RESOURCE PLANNING SYSTEMS Enterprise resource planning (ERP) systems integrate the planning‚ management‚ and use of all of an organization’s resources. The major objectives of ERP systems are to tightly integrate the functional areas of the organization and to enable information to flow seamlessly across the functional areas. Tight integration means that changes in one functional area are immediately reflected in all other pertinent functional areas. ERP systems provide the
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Table of Contents Introduction 2 ERP Implementation Process 3 Implementation Obstacles 8 Implementation Success Level Analysis 9 Suggestions for Improvement 10 Conclusion 10 References 12 Appendix 14 Introduction To be successful in today’s competitive and continuous evolving information technology (IT) market companies must be able to utilise their skills‚ information and knowledge to the highest efficiency level possible. Utilisation of and control
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made to engage business management in selecting software for their individual areas‚ and/or agreeing to participate in the ERP implementation project. List and explain reasons why management would hesitate to become engaged in the IT process/project. Below are reasons Cisco hesitated to take on an ERP project: a) Fear of decentralization b) Fear of “mega-projects” that ERP implementation often becomes c) Disruption to the business d) Need for strong internal team and strong partners e) Balancing
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